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  • #128,161
  • Jan 7, 2013 11:05am Jan 7, 2013 11:05am
Quoting AllyB
............... almost exactly the same ...
hmmmmmmmmmmmmmmm.

In 1981, some guy while talking to me, claimed he had seen all Greek Islands. I asked him how many islands were there in Greece. The reply was 15 or 30 maybe 60 but not more than 120.

http://en.wikipedia.org/wiki/List_of_islands_of_Greece
The Thief of Wall Street
  • #128,162
  • Jan 7, 2013 11:09am Jan 7, 2013 11:09am
Quoting AllyB
looks to me your at a speedbump here at 1.602x
I'm not looking atm... at the end of the day, I will.
  • #128,163
  • Jan 7, 2013 11:15am Jan 7, 2013 11:15am
Quoting Chicky
hmmmmmmmmmmmmmmm.

In 1981, some guy while talking to me, claimed he had seen all Greek Islands. I asked him how many islands were there in Greece. The reply was 15 or 30 maybe 60 but not more than 120.

http://en.wikipedia.org/wiki/List_of_islands_of_Greece
i get your point
  • #128,164
  • Jan 7, 2013 11:16am Jan 7, 2013 11:16am
Quoting Mr Hatch
I'm not looking atm... at the end of the day, I will.
ah the difference between pimping and mother hen trader
  • #128,165
  • Jan 7, 2013 12:33pm Jan 7, 2013 12:33pm
Quoting USD-Bear
chancing EU short @ 1.3104

USDOLLAR H4:
Attachment
kissed and rejected WPP @ 1.3120, still in, stop placed @ 1.3125
Don't be a hero. Don't have an ego. Always question yourself
  • #128,166
  • Jan 7, 2013 12:57pm Jan 7, 2013 12:57pm
Quoting Mr Hatch
I'm in from 1.6222 and a rest of a position from 1.63.
Where/what are you aiming Hatch?.

Cable looks almost ready for a nuclear explosion this year. We are officially trendless in major TFs Y/Q/M and W. However we are trading in the middle of the middle of the range in the apex almost to the tick of a extreme compression range (chart wise too) and the compression is getting narrow each week.

I am TA 100% neutral on Cable in those Tfs but if we are talking for the swing/position trade, FA favor, and by a large margin, a break up not down. Weaker dollar first and after inflation in the UK will not hold current low interest rates for much longer ...new BOE in June will start the hikes across the board is my call and Sterling to 1.937x doesn't look that far for this year....

In any case. GL...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #128,167
  • Jan 7, 2013 1:30pm Jan 7, 2013 1:30pm
Quoting sisse
Where/what are you aiming Hatch?.

Cable looks almost ready for a nuclear explosion this year. We are officially trendless in major TFs Y/Q/M and W. However we are trading in the middle of the middle of the range in the apex almost to the tick of a extreme compression range (chart wise too) and the compression is getting narrow each week.

I am TA 100% neutral on Cable in those Tfs but if we are talking for the swing/position trade, FA favor, and by a large margin, a break up not down. Weaker dollar first and after inflation in the UK will not...
may I ask, on what FA considerations you see a weaker dollar?
Don't be a hero. Don't have an ego. Always question yourself
  • #128,168
  • Jan 7, 2013 1:43pm Jan 7, 2013 1:43pm
junkiessssssssssssssss


hope all not faked up


1:15 PM Thanks to the EU debt crisis and fiscal follies in the U.S., the U.K. has managed to stay out of the papers, but the country's "frailties (will) emerge from the shadows," says HSBC. A sovereign downgrade looms, says the bank, and with it, a falling pound - which should help exports and stock prices.
  • #128,169
  • Jan 7, 2013 1:49pm Jan 7, 2013 1:49pm
Quoting USD-Bear
may I ask, on what FA considerations you see a weaker dollar?
unemployment streak just came to an end and may be on the rise again

fed policy


essentially i see the FA as, its at the minimum 13 months until 6.5% unemployment, assuming it can miraculously go down 0.1% a month for 13 in a row

even if QE ends, 0.15-0.25% interest rates or lower will not end for quite some time
Be hopeful in a winning position, and fearful in a losing position.
  • #128,170
  • Jan 7, 2013 1:51pm Jan 7, 2013 1:51pm
Quoting sisse
Where/what are you aiming Hatch?.

Cable looks almost ready for a nuclear explosion this year. We are officially trendless in major TFs Y/Q/M and W. However we are trading in the middle of the middle of the range in the apex almost to the tick of a extreme compression range (chart wise too) and the compression is getting narrow each week.

I am TA 100% neutral on Cable in those Tfs but if we are talking for the swing/position trade, FA favor, and by a large margin, a break up not down. Weaker dollar first and after inflation...
I see the same.
I traded the divergence and pinbar setup that was offered right below the trendline. While the lower tl was pierced already, the upper one is not.

I'm not going too deep into FA, I still think, TA is the 'homework to be done' in a much more intense, but less complicated way. Now the question is, will the pump that will come with a rate hike be done beforehand? Shhot first, ask later? I don't think so...

I'm looking at 59xx first, then below 50xx. All that, if they don't eat my stops, or I close the trades manually.
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  • #128,171
  • Jan 7, 2013 2:07pm Jan 7, 2013 2:07pm
Quoting Rag2RichesFX
unemployment streak just came to an end and may be on the rise again

fed policy


essentially i see the FA as, its at the minimum 13 months until 6.5% unemployment, assuming it can miraculously go down 0.1% a month for 13 in a row

even if QE ends, 0.15-0.25% interest rates or lower will not end for quite some time
don't know, you might underestimate the flexibility of the US economy (compared to the Euro-block)
Things might develop a lot faster than you think with market reacting USD positive on every positive surprise on employment while Europe is lagging big times at least that's the big picture I see it for 2013
Don't be a hero. Don't have an ego. Always question yourself
  • #128,172
  • Jan 7, 2013 2:17pm Jan 7, 2013 2:17pm
Quoting USD-Bear
don't know, you might underestimate the flexibility of the US economy (compared to the Euro-block)
Things might develop a lot faster than you think with market reacting USD positive on every positive surprise on employment while Europe is lagging big times at least that's the big picture I see it for 2013
no bear sisse is talking about a stronger pound not weaker dollar
  • #128,173
  • Jan 7, 2013 2:20pm Jan 7, 2013 2:20pm
Quoting cohiba pips
no bear sisse is talking about a stronger pound not weaker dollar
I know it wasn't the subject but he talked about "weaker dollar first" in his pound view.....
Don't be a hero. Don't have an ego. Always question yourself
  • #128,174
  • Jan 7, 2013 2:22pm Jan 7, 2013 2:22pm
Quoting USD-Bear
may I ask, on what FA considerations you see a weaker dollar?
As Rag2RichesFX mentioned:
Quoting Rag2RichesFX
essentially i see the FA as, its at the minimum 13 months until 6.5% unemployment, assuming it can miraculously go down 0.1% a month for .....
Basically you have guarantee cheap dollar in the mid term or at least as long as inflation is under control. Whatever come first (inflation up or unemployment down) will trigger a FED change in policy, meanwhile is all weaker dollar via QE expectations and interest rate differential. The only independent variable is risk via panic and EZ ...but for now it seems to be calm until Feb and March that Italy and Spain need to repay and refinance ....

On the pound inflation will tick higher a lot earlier than in the US and rates are unavoidably get higher ....

Quoting Mr Hatch
I see the same.
I traded the divergence and pinbar setup that was offered right below the trendline. While the lower tl was pierced already, the upper one is not.

will the pump that will come with a rate hike be done beforehand? Shhot first, ask later? I don't think so...

I'm looking at 59xx first, then below 50xx. All that, if they don't eat my stops, or I close the trades manually.
I see now what you mean TA-wise and the pin bar entry. 1.59xx is open in my charts too. Below 50xx I don't really see it mate not without a major catastrophe in the UK (triple dip, EZ collapse, EU split apart or massive fck up from the BOE).

will the pump that will come with a rate hike be done beforehand? Shhot first, ask later? ...like always with interest rates ...you ride the expectations and sell the news not the other way around .... but that is for later this year ...GL managing your short ... the current move will come from the dollar side in my books so better watch-out the Euro leading the FX board with ECB and carry the rest ...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #128,175
  • Jan 7, 2013 2:24pm Jan 7, 2013 2:24pm
gu daily for the road might be wrong
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  • #128,176
  • Jan 7, 2013 2:40pm Jan 7, 2013 2:40pm
Quoting sisse
As Rag2RichesFX mentioned:

Basically you have guarantee cheap dollar in the mid term or at least as long as inflation is under control. Whatever come first (inflation up or unemployment down) will trigger a FED change in policy, meanwhile is all weaker dollar via QE expectations and interest rate differential. The only independent variable is risk via panic and EZ ...but for now it seems to be calm until Feb and March that Italy and Spain need to repay and refinance ....

On the pound inflation will tick higher a lot earlier than in the US...
not going to argue with u bro coz at the end u will prove me wrong even if it takes time

short term my eye on 3250 fiber and 6250 on cable
  • #128,177
  • Jan 7, 2013 2:44pm Jan 7, 2013 2:44pm
Quoting sisse
Where/what are you aiming Hatch?.

Cable looks almost ready for a nuclear explosion this year. We are officially trendless in major TFs Y/Q/M and W. However we are trading in the middle of the middle of the range in the apex almost to the tick of a extreme compression range (chart wise too) and the compression is getting narrow each week.

I am TA 100% neutral on Cable in those Tfs but if we are talking for the swing/position trade, FA favor, and by a large margin, a break up not down. Weaker dollar first and after inflation in the UK will...


Hi Sisse,


from a pure EW point of view I do see rather an implosion than explosion.

Target down may be ultimatively below parity in Cable
  • #128,178
  • Jan 7, 2013 2:46pm Jan 7, 2013 2:46pm
Quoting infinitus
Hi Sisse,


from a pure EW point of view I do see rather an implosion than explosion.

Target down may be ultimately below parity in Cable


ups, here are the charts
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  • #128,179
  • Jan 7, 2013 2:54pm Jan 7, 2013 2:54pm
Quoting kill56
not going to argue with u bro coz at the end u will prove me wrong even if it takes time

short term my eye on 3250 fiber and 6250 on cable
thinking the same
Don't be a hero. Don't have an ego. Always question yourself
  • #128,180
  • Jan 7, 2013 3:03pm Jan 7, 2013 3:03pm
Quoting USD-Bear
thinking the same
bro he is too dam good , and he is a long term trader, me some times i do that if i see a clear trend but i love to hit and run ,i might keep a winning position running for a while but any change in trend i am out and i will revers
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